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Kosmas Marinakis is Associate Professor of Economics at Singapore Management University and Creator of the Youtube Channel @Greekonomics where he edits and presents educational videos about Economics. Time stamps: 00:00 Intro 06:35 Financial education in Greece 12:21 About Greekonomics 18:30 Hate comments on YouTube 22:45 Greekonomics sponsors 30:56 Accuracy in Singapore and Greece 36:29 Payroll costs in Greece 39:04 Rents in Greece 44:40 Elections in Greece 47:18 Inflation 52:00 Public debt 54:40 Interest rate hike 55:42 Money in the bank or investing money 01:00:28 Compound interest 01:09:57 Do banks need our money? 01:12:30 Our relationship with money 01:17:08 Savings and spending 01:20:15 Capitalism 01:22:18 Rating agencies 01:24:30 Which country has a good economy? 01:27:20 What does it mean that a country is in recession? 01:34:45 The economic situation in Greece 01:36:00 The political situation in Greece 01:45:40 Abstention from the elections 01:48:45 Outro Show notes Explanation of basic economic terms: -Wage costs -Inflation -Recession - Compound interest - Interest rates - Bonds - Savings - Appraisal houses Financial Illiteracy The process of producing a episode of Greekonomics The housing crisis and accuracy in Greece Follow Kosmas Marinakis: Personal page: http://www.kmarinakis.org/gr Facebook: / kosmic17 Instagram: / kosmas_marinakis X: https://www.x.com/ kos_marinakis Connect with Despina and GiatiOxi: https://www.giatioxi.gr Instagram: / giatioxi Instagram: / desp1na_k Facebook: / giatioxi NEW TO GIATIOXI? GiatiOxi is a Greek podcast that started in 2018 and focuses on topics related to society, technology, science, and human behavior. Its aim is to approach important and interesting topics in an accessible and engaging way, promoting dialogue and thought. In each episode, Despina welcomes guests who have expertise in the issues discussed, whether they are scientists, experts or people with special experiences. The podcast covers a wide range of topics including psychology, politics, health, technology and more. #giatioxi #giatioxipodcast